Cost of Living: Kingsport, TN vs Pearisburg, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Kingsport | Pearisburg |
|---|---|---|
| Housing Index | 85.0 | 95.0 |
| Median Home Price | $240,000 | $198,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1200 |
Housing Comparison: Kingsport vs Pearisburg
- In Kingsport, the median home price is higher at $240,000, while in Pearisburg it is $198,000.
- The rent for a two-bedroom apartment is equal in both Kingsport and Pearisburg at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Kingsport | Pearisburg |
|---|---|---|
| Electricity Price | $12.57 | $15.31 |
| Natural Gas Price | $12.35 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Kingsport vs Pearisburg
- Pearisburg has higher electricity costs at $15.31 per kWh, versus $12.57 in Kingsport.
- Pearisburg experiences higher natural gas costs at $19.91 per unit, with costs at $12.35 in Kingsport.
- Utility expenses are equal in both Kingsport and Pearisburg averaging $250.